$375,000
$399,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2,885 SqFt
SOLD DATE : 09/30/2015
Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Combination
Listing Status Sold
Purchase Type For Sale
Square Footage 2,885 sqft
Price per Sqft $129
Subdivision Olde Towne East
MLS Listing ID 215026393
Sold Date 09/30/15
HOA Y/N No
Year Built 1920
Annual Tax Amount $4,059
Tax Year 2013
Lot Size 5,227 Sqft
Property Description
Great investment opportunity in Olde Towne East!This is 7 unit building is right off Parsons and Franklin Ave! The main building has 6 one bed units and the rear detached building is a split 3 car garage with 1 bed carriage unit. The 2 car section is rented as well and 1 car section is used for storage for tenants. Beautiful and well maintained courtyard!All 7 units and garage 100% occupied as of August 1st. Most tenants are on a term lease and very few are MTM. Rents are $4,600 per month as of Aug 1 and expenses are based on an average of one year for taxes, insurance, utilities and basic maintenance. There is potential to improve operational costs as the main building utilities are included in the rent and are not separated. Listing agent and other agents are owners.
Location
State OH
County Franklin
Interior
Heating Gas
Cooling Central, Window
Exterior
Garage 3 Car Garage
Garage Spaces 3.0
Schools
School District Columbus Csd 2503 Fra Co.
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Bought with Christopher G Dutton • RZ Realty
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”